CP, Teamsters Canada workers reach accord

The Teamsters Canada Rail Conference-Maintenance of Way Employees Division (TCRC-MWED), representing 2,600 maintenance of way workers, and Canadian Pacific reached a tentative historic five-year contract settlement, CP announced Tuesday.

The Memorandum of Settlement will be sent to the union membership next week, with results from the vote expected in mid-January. Details of the tentative agreement will be released following ratification, CP said.

"I would like to congratulate this union's leadership for their work and professionalism at the bargaining table," said Canadian Pacific President and CEO E. Hunter Harrison.